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Small Business

Startups in UMaine and MTI accelerator to pitch investors after completing program

The four Maine startups in a pilot accelerator program launched in September by the University of Maine and the Maine Technology Institute will pitch their ideas at a showcase event next month in...

'Fastest Growing' companies have some common threads

Peter Van Allen |

This is our first year with a new feature, "Fastest Growing Companies in Maine," and there are truly no runners-up among this bunch, writes Editor Peter Van Allen.

Bull Moose to open third New Hampshire store

Bull Moose recently expanded the footprint of its Old Port store and plans to open a new location in Keene, N.H., its third store outside of Maine.

SBA loans in Maine increased by 22% in FY15

The number of loans provided the U.S. Small Business Administration in Maine grew by 22% in the most recent fiscal year over 2014.

Mainebiz names finalists for 'Fastest Growing' awards

Nine companies are finalists for the Mainebiz “Fastest Growing Companies in Maine” awards, which will be announced Nov. 10 at the Mainebiz Momentum Convention in Augusta.

Damariscotta’s Maine Coast Book Shop & Cafe sold

The owner of the Sherman's Maine Books & Stationery, with five locations along the coast, is buying the Maine Coast Book Shop & Cafe in Damariscotta.

Flowfold raises $200,000 in equity financing for expansion

Paul Koenig |

Flowfold, a Peaks Island-based company known for wallets made from high-performance sail material, plans to increase its product offerings and retail accounts with $200,000 in recent equity financing.

Daigle Oil transitions to employee-owned company

Daigle Oil Co. in Fort Kent has transitioned from a privately held company to a 100% employee-owned company through an employee stock ownership plan, or ESOP.

Italian market to open in former downtown Waterville food co-op space

The former downtown Waterville storefront of Barrels Community Market, which closed earlier this summer, is set to become a “high-end Italian market,” the Morning Sentinel reported Monday.

Holy Donut owner Leigh Kellis leverages doughnut sales with smart data collection

Jennifer Van Allen |

Five years ago, Leigh Kellis was a single mom living in her parents' attic, bartending at Enzo Wine Bar and on the verge of becoming a Spanish teacher.